Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
I received the following reply from the fund today after messaging some information to them yesterday. It reads:
"It is good to hear from you as it provides a wonderful opportunity to tell you that since your article was posted, we’ve seen an upti…
*Mark for whatever value this has for you, an AAII comparison on the most popular online brokers.
Thanks, Mark -- and to those who contributed to the thread and shared stories.
Dennis Baran
I reached out to Holbrook Holdings this afternoon about the fund's 3 and 1-month underperformance.
Here's the reply:
The fund is struggling in this environment because all corporate credit is weak, but it is particularly bad in the BDC space. A …
Always appreciate these refinements. In this case, under Risk in the Miraculous Multi-Search tool, it would be helpful to know, e.g., how the following may be calculated by curious minds:
Choosing POGRX, for example, or any other fund of your choi…
Excellent article and research, Lewis. It made me look at Large Growth PROVX, one that has been mentioned here recently, and fits your criteria well.
From M* as of 9/7:
2008 Total Return -21.00
1YR Total Return 25.33
1 YR Category Return 26
10 YR…
From WSJ: "U.S. Sets $12 Billion in Farm Aid to Ease Trade Fight Impact"
WASHINGTON—The Trump administration on Tuesday will announce a plan to extend some $12 billion in emergency aid to farmers amid growing concerns that the U.S. agricultural sec…
So because members can no longer post non-mutual fund discussion topics, then I guess I'll have to ask in this thread: If Trump is dissatisfied with the Fed's policy of interest rate increases, which he said today, that he could choose to fire Powel…
Charles,
Thx for your invaluable hard work-- and Bravo!
Looking forward to an itinerary through the data landscape, a conference call, and of course, to future updates.
Hey Dude
Ya gotta be bold
That's what I'm told
He just thinks
Everybody stinks
The bada$$ prez
Ya do what he sez
Hafta tall ya why
He ain't gonna lie
Cuz can't ya see
It's all about me
"So tell Old Joe
at MFO
'Nobody's gonna eat
My Cheer-i-Os.'"
@Lewis From what source are you culling these facts? Thx.
Of 2,258 diversified U.S. equity funds, only 111 have 10% or more in cash—and their recent performance has been poor. Just 18% of those with five-year records have beaten their peers as of F…
@guilhermes openice,
In your account, has TDA honored the Scottrade 90 day period for short term NTF trading (instead of requiring you to hold funds for 180 days)?
No. We'll have to see.
@LLJB You're absolutely right about the planned funds. GP has been running paper portfolios in these strategies but has no immediate plans to launch them. The first would require a significant correction or change in the U.S. market, the latter, bei…
@guilhermes Junkster
10:05AM
guilhermes said:
I have an account with Scottrade - I have confirmed that as part of the transfer to TDA the transaction fees for mutual funds will remain $17.
@Junkster Thanks for the feedback. Hopefully this is appl…
@LLJB Here is a summary about your areas of interest.
GPEOX: There has been very little change in the day-to-day management of the fund. Zach Larkin was a guardian PM of the fund for the past year. Because GP wants to take the product up cap over t…
Scout Fund Distributions (International, Midcap, Small Cap), now an affiliate of the Carillon Family of Funds)
https://www.carillontower.com/our-funds/fund-information
I've Got Mine
Glenn Frey
(Most of last 7 lines not included in this performance)
Someone's sleeping on the sidewalk, As the winter sun goes down
Someone's drinking cold champagne, In another part of town
And the only thing he thinks about, As h…
@Lewis I failed to mention that an analysis of their composite calendar returns do not show any lumpiness and that the reasons for their quarterly or annual individual stock losses are explained in detail.
*hmgodwinThank you, openice. I didnt know that the past commentaries were available. Such is sufficient to determine if a personal investment is warranted. Thank you for the knowledge.
Appreciate that!
@lewis braham
Thanks for your cautionary rema…
hmgodwin
A concern about the Launch Alert for American Beacon Shapiro Equity Opportunities Fund: There is almost no relevant information about the fund besides the strategy seems to have done well for the past decade-plus. There is almost no one who…
catch 22 How are these "cash" rewards accounted; as to tax. Does one receive a 1099 or other relative IRS form?
Thank you.
I've never received any 1099 or relative IRS form for these cash rewards. Perhaps others can contribute.
What impresses me about a number of MFO participants is their ability to discuss funds and related investment topics from their overall background, knowledge, experience, and analytic skill, which I've found especially helpful.
One way to help mak…
RNWIX holdings as of 7/31:
72% Emerging
14% US (Total of 6 holdings, two being Carnival Corp Lines and Royal Caribbean)
6% Frontier
6% Foreign Developed
2% Cash
The full holdings: http://www.rondureglobal.com/holdings/rnwix-rnwox are posted by …
@hmgodwin
Choose the Trade Tab>Mutual Funds>Buy>Enter Mutual Fund (MOWNX)>and continue from there.
You can also use Choose the Fund Family from the pull-down menu, find Moerus, and place your trade from there, but the above method is …
From the TDA Mutual Fund Department: GMLVX is available for purchase for advisor/institutional accounts. Retail investors may transfer the fund to TD, redeem it there, but not buy it.
Best.
@msf Thx for the info.
Concerning MOWNX at TD, the I class has been available for some time, but not the N class. So I emailed the managing director at Moerus nine days ago about having the N class listed. He didn't reply, and so I expressed my di…
@msf Are you sure about TDA? It's retail brokerage research page says:
Not Available through TD Ameritrade
GuideMark® Emerging Markets Fund Service Shares GMLVX
Yes, that's what I'm showing when I use the Order Entry Screen if I want to buy it. Her…
FWIW it's available at TD with a $0 minimum but a 49.99 TF.
LLJB and msf are spot on about this one, which I had begun examining. Frankly, I was quite surprised when I read in the SAI that its objective had gone from LCV to EM -- I mean-- what a c…
